Global Trade Alert
Global Trade Alert

Russian Federation: State Development Bank Financing for Sulfuric Acid and Improved Oleum Production Facility

Announcement

15 Feb 2019

In February 2019, the Russian state development bank underwrote a loan to a local company to finance the construction of a sulfuric acid and improved oleum facility. 

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

15 Feb 2019

Revocation date:

No revocation date

Updated: 15 Feb 2019
Capital injection and equity stakes (including bailouts) In force
<p>On 15 February 2019, the Russian state development bank VEB.RF approved an equity purchase deal with KuibyshevAzot.</p> <p>The equity purchase is part of financing made available...
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Updated: 15 Feb 2019
State loan In force
<p>On 15 February 2019, the Russian state development bank VEB.RF approved a loan to the Russian plant KuibyshevAzot. The loan is for the&nbsp;construction of K-grade sulfuric acid and impro...
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